NOT LISTED FOR SALE

453 S Las Palmas Ave Los Angeles, CA 90020

Hancock Park Neighborhood

Estimated Value: $3,495,000 - $6,070,000

5 Beds
3.5 Baths
4,062 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $2,947,850 $726 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $28,712/month

33 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Family Room with Fireplace
  • Third Street Elementary School Rated A
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of October 2015

Prestigious Hancock Park home filled with the charm and details of it's original construction in 1933. This grand Mediterranean home is stately with it's two story entry and circular staircase, huge living room with with fireplace and French doors opening to both the front and rear yard. There is a mahogany paneled library/den with a fireplace. There are a total of 5 bedrooms, four bedrooms upstairs, and one bedroom down. There is a large balcony off the master suite. Three additional family bedrooms upstairs, two with their own balcony. Huge gourmet kitchen with a breakfast bar and family area, separate breakfast room, plus formal dining, In n the basement there is a finished play room, lots of closets and storage. This grand estate is very private and is gated, there is a large, gated front yard, plus a huge back yard with grass play area and large heated pool, there is a detached three car garage.

Last Agent to Sell the Property

Leegie Parker

Compass License #01020534 Listed on: 09/01/2015

Compass

Last Buyer's Agent

Jackie Smith

Compass License #01889096

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,464

Year Built

  • Built in 1933

Lot Details

  • 0.32 Acre Lot
  • Property is zoned LAR1

Parking

  • 3 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,062 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Dishwasher
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5507-015-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,464

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4062
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1933
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Stone, Wood
  • Appliances: Built-In Gas
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 713.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5507-015-011
  • Geocode Override: Yes
  • Lot Size Area: 14071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Foley Michael Francis
Bought by
J & M Foley Family Trust 2004
Current Estimated Value
$4,753,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,195,387
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$3,558,610

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 7, 2015
Sold by
Perry Coy Luther
Bought by
Foley Michael and Foley Jennifer
Seller's Agent
Leegie Parker
Compass
Buyer's Agent
Jackie Smith
Compass
List Price
$2,899,000
Sold Price
$2,947,850
Premium/Discount to List
$48,850
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,500,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2012
Sold by
Parker Leegie
Bought by
Perry Coy Luther

Purchase Details

Closed on
Mar 12, 1998
Sold by
Simon Marie A Tr Marie A Simon Trust
Bought by
Parker Leegie and California Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Simon Marie A
Bought by
Simon Marie A and The Marie A Simon Trust

Purchase Details

Closed on
Sep 12, 1996
Sold by
Simon Marie A
Bought by
Simon Marie A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J & M Foley Family Trust 2004 -- Provident Title Company
Foley Michael $2,948,000 Fidelity Sherman Oaks
Perry Coy Luther -- Fidelity National Title
Parker Leegie $967,500 United Title Company
Simon Marie A -- --
Simon Marie A -- --
Simon Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Foley Family Trust 2004 $1,500,000
Closed Foley Michael $1,500,000
Previous Owner Parker Leegie $480,000
Closed Parker Leegie $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $2,947,850 +1.7% $726 / Sq Ft
10/04/2015 10/04/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $2,899,000 0.0% $714 / Sq Ft
09/13/2015 09/13/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $2,899,000 -- $714 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,464 $3,702,364 $2,791,745 $910,619
2024 $44,464 $3,629,769 $2,737,005 $892,764
2023 $43,592 $3,558,598 $2,683,339 $875,259
2022 $41,546 $3,488,823 $2,630,725 $858,098
2021 $41,033 $3,420,416 $2,579,143 $841,273
2019 $39,791 $3,318,967 $2,502,646 $816,321
2018 $37,345 $3,066,890 $2,453,575 $613,315
2016 $35,723 $2,947,800 $2,358,300 $589,500
2015 $16,019 $1,294,564 $836,746 $457,818
2014 $16,069 $1,269,206 $820,356 $448,850
Source: Public Records

Agents Affiliated with this Home

  • Leegie Parker

    Seller's Agent in 2015

    Leegie Parker

    Compass

    (310) 739-9202

    15 Total Sales

    Leegie Parker
    Section Image
  • Jackie Smith

    Buyer's Agent in 2015

    Jackie Smith

    Compass

    (213) 494-7736

    2 in this area

    69 Total Sales

    Jackie Smith
    Section Image
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Map

Source: The MLS

MLS Number: 15-936339

The MLS

APN: 5507-015-011

California Los Angeles County Los Angeles 90020 Hancock Park

453 S Las Palmas Ave, Los Angeles, CA

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